How to start earning in DeFi Kingdoms

What makes this project worth trying?

DFK is a combination of decentralized Exchange on the Harmony network, with operations of a “play to earn” game. This game has such attributes as heroes, buildings, gardens, etc. DFK is still under development, so there may be numerous adjustments in aspects such as game features or price.

This project is a DEX with a liquidity pool for liquidity mining, and a developed market for NFTs. Creators manage to combine it all into a single cohesive game.

Caterpillar of earning

The NFTs in DFK are the heroes. All of them have different stats, classes and can complete different quests. One particular hero might not be that good for completing certain quests, so you should have a different one to do so.

Every time you complete a quest, you receive rewards in the form of JEWEL tokens, skill points, in-game resources, and experience. You can buy, sell, and rent heroes through the NFT marketplace. You can also pair two heroes to get a better one.

Jewel Staking

The first way to make money is to stake JEWEL to get passive income. To do so, you will need to buy JEWEL or just have enough JEWEL to stake. You earn the tokens as you play the game because quests reward Jewel tokens.

Nonetheless, some quests do not reward as good as JEWEL. If that’s a problem for you, consider investing in JEWEL tokens in order to stake. Your staking rewards can go up as high as 50 percent.

Liquidity Providing

There has to be liquidity for any decentralized exchange to action. Developers provide their gamers with an opportunity to join liquidity pools and act as liquidity providers.

This is one of the most effective and efficient ways to earn JEWEL. Keep in mind that you don’t have to pay DFK to stake or provide liquidity. That’s why DFK is considered a DEX in the first place.

Selling NFTs

Even though being a game is not the main role of Defi Kingdoms, one of the best ways to make money is by selling NFT’s illustrated as heroes of the game. Creators also plan on adding PVP quests where you will be able to earn rewards through fighting other heroes. The better heroes you pair, the more money you get by selling them on the NFT marketplace.

Conclusion

That finishes our review for DeFi Kingdoms. It should be your next ecosystem to try, considering its number of ways to make money, fully operational DEX, liquidity pool, and marketplace. Earn cooler, not harder.

Read our guide on how to start playing the DeFi Kingdom game.

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Skill Labs is a cross-chain ecosystem that helps investors, games, and players find each other to optimize their benefits in the metaverse.

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Skill Labs is a cross-chain ecosystem that helps investors, games, and players find each other to optimize their benefits in the metaverse.

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